RS: Market Profile

A Market Profile (time price opportunity) implementation with an option to mark a point of control (POC) based on volume.

Config: Hide default candles. Select a session time using exchange timezone. Experiment with tick multiplier value to achieve desired level of detail. Choose the symbols of your choice, e.g. squares or A-Z chars. For multiple sessions you will have to add additional instances of this script with a different time configuration.

Limitations: TradingView has a hard limit for the number of characters (500), if it's reached, label rendering stops. Try increasing tick multiplier value to reduce the number of labels rendered or reduce the window size.

Features:

• Use symbols or A-Z chars for TPOs
  
• Mark POC
  
• Calculate Value Area (volume or time based)
  
• Highlight single prints (SP)
  
• Highlight VWAP
  
• Show daily bar
  
• Highlight Open and Close
  
• Highlight current price row (during live market)
  
• Highlight initial balance (IB)
  

Note di rilascio:

Removed unused text size options.

Note di rilascio:

Remove unused attribute.

Note di rilascio:

Cleanup unused code.

Note di rilascio:

Touchup

Note di rilascio:

Update chart

Note di rilascio:

Make sure the script works on free accounts.

Note di rilascio:

• Extend VAH/VAL and POC lines (disabled by default)
  
• Mark period opening price, either use case swap or '0' character (disabled by default)
  

Note di rilascio:

Fix house rules violation

Note di rilascio:

Update the chart

Note di rilascio:

Bugfix: terminate extension lines even for 24h sessions

Note di rilascio:

• Introduce weekly and monthly profiles
  
• Add value area percentage input
  

Note di rilascio:

• Add option to split the profile (available only if A-Za-z rendering is selected)
  

Note di rilascio:

Introduce a "Fixed" range timeframe (arbitrary start/end date profile)

E.g.

Note di rilascio:

Add option to show volume numbers in "Fixed" market profile mode

Note di rilascio:

Add background for fixed range

Note di rilascio:

Improve closing price marking in A-Za-z profiles

Note di rilascio:

• Add high/low extension lines (hidden by default)
  
• Simplify lower TF logic (volume)
  

Note di rilascio:

Use all or nothing for VP

Note di rilascio:

Allow to show midpoint extension line (hidden by default).

Midpoint calculation algorithm can be either:

• High/Low based (midpoint)
  
• TPOs count based (similar count on both sides)
  

Note di rilascio:

Add an option to choose the time settings in a specific timezone (defaults to exchange timezone).

Note di rilascio:

Add possibility to render intraday profiles.
To use this feature, select Timeframe -> Intraday. Set desired Profile length in minutes value, the default is 60 (1 hour).